Tag Archives: solar power projects

Panama’s largest private photovoltaic project is underway

Grupo Rey, a leader in the retail sector in Panama, and ENSA Servicios, a leading company in comprehensive energy solutions and subsidiary of Grupo EPM, have signed an agreement that represents an important milestone for both companies, as it will … Continue reading

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Global Gas Security Review 2024

Global gas demand in Q1-Q3 2024 grew by more than its historical average growth rateNatural gas demand returned to more pronounced growth in 2024 as markets gradually rebalanced following the 2022-23 gas supply shock triggered by Russia’s invasion of Ukraine. … Continue reading

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2023 was a record-breaking milestone for photovoltaic solar power

Globally, 347 gigawatts (GW) of photovoltaic (PV) capacity were added to power generation in 2023, which has made it a record-breaking year for solar power generation, revealed a new report released on October 01, 2024. The report, Renewable Energy and Jobs … Continue reading

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Austria to build largest agrivoltaic plant

The Austrian state of Styria has commenced the construction of the largest agrivoltaic farm in the region, covering an area of 20 hectares with an investment of 13 million. The photovoltaic project is expected to generate approximately 22 million kilowatt-hours … Continue reading

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China’s photovoltaic industry continues to rise, thanks to technological innovation

China’s photovoltaic (PV) industry maintained robust growth momentum during the first six months of this year. Data showed that during this period, the country’s output of polysilicon, silicon wafers, solar cells, and modules all rose by over 30 percent year-on-year, … Continue reading

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Towards better solar cells: Exploring an anomalous phenomenon of electricity generation

The bulk photovoltaic (BPV) effect is an uncommon phenomenon that may enable certain materials to outperform the conventional p–n junctions used in solar cells. Researchers from Japan have experimentally demonstrated the BPV effect in alpha-phase indium selenide (?-In2Se3) for the … Continue reading

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Germany opens its largest floating photovoltaic system

The new photovoltaic system located on Lake Philippsee in southern Germany contains 27,160 solar modules. The massive PV unit has an installed capacity of 15 megawatts and covers eight hectares, according to operator Nexentury. It will provide 16 million kilowatt … Continue reading

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EDP invests in photovoltaic automation solutions to boost energy transition

EDP Innovation is testing an advanced automation project which aims to improve the efficiency and safety of the construction of solar photovoltaic plants. EDP Innovation has announced an automation pilot project named AutoPV, which has been developed by Comau – … Continue reading

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Eletrobras and Ocean Winds sign partnership in offshore wind energy

Eletrobras signed the first Memorandum of Understanding to evaluate business opportunities in the generation of wind energy at sea.Eletrobras and Ocean Winds (OW) signed this Tuesday (22/10) a memorandum of understanding (MoU) to evaluate business opportunities in offshore wind projects … Continue reading

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ERG inaugurates a photovoltaic power plant in Castilla y León

A photovoltaic park of 275,000 modules on 224 hectares, as big as 135 football fields, among the vineyards of Toro (Zamora), in the northwest of Spain.It is the Garnacha solar installation, acquired by ERG in June 2023 from the German … Continue reading

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UNEF proposes urgent measures to promote self-consumption of photovoltaics in Spain

These measures, they point out, are necessary to achieve the objectives of the PNIECIf we compare the end of the third quarter of this year with that of last year, self-consumption has decreased by 15%, falling by 22% in the … Continue reading

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The Tarragona Water Consortium inaugurates, with Endesa, the largest photovoltaic plant in service in the water treatment and transport sector in Spain

The CAT solar park for self-consumption at the l’Ampolla water treatment plant (Delta del Ebro) is launched, with 6,667 panels and an area equivalent to three and a half football fields.The new CAT solar installation covers nearly a third of … Continue reading

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Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that

Europe must leverage the significant potential for private financing stemming from PPAs. The recent “Draghi Report” on the EU’s competitiveness and economic security singled out PPAs as a key tool for strengthening the EU’s industrial resilience. PPAs have significant benefits: … Continue reading

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Sweden installed 460 MW of solar photovoltaic (PV) in H1

Sweden installed 460 MW of solar PV in the first half of 2024, following a record year of deployment in 2023. However, market growth has been slow due to lower electricity prices and uncertainty around green tax breaks for batteries, … Continue reading

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Floating solar photovoltaics are expanding

Floating solar photovoltaics are a technology that allows solar panels to be installed in large bodies of water, such as reservoirs, lagoons and dams. This technology, born in 2005 and expanded since 2012, offers several advantages in terms of energy … Continue reading

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EDPR’s first hybrid wind-solar photovoltaic ( PV) project in Poland increases output by almost 20%

With a combined capacity of 124.5 MWp (115.5 MWac), the Konary wind-solar hybrid project produced over 180 GWh for the Polish grid, increasing the renewable production of the site up to almost 20%; This was the first renewable hybrid project … Continue reading

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A ‘photovoltaic sea’ in the desert of northern China

In Chaideng Village in Ordos City, Inner Mongolia Autonomous Region, 3.46 million blue solar panels are spread across the desert, covering 30 square kilometers and transforming the endless sands into a shimmering “photovoltaic sea.” The solar power base is part … Continue reading

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Vestas bets on wind power in Brazil and invests heavily to expand wind turbine factory

Danish wind energy company Vestas announced a solid investment of US$ 23 million to expand its wind turbine production in Aquiraz, Ceará, reinforcing the confidence of international investors in the Brazilian wind energy market. This expansion focuses on the implementation … Continue reading

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Stronger integration measures are needed as solar photovoltaic and wind power soar to record levels in electricity sector

New IEA report offers first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges As solar PV and wind grow at an accelerated pace around the world, governments must act to … Continue reading

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New EU Commission: what it means for wind

EU Commission President Ursula von der Leyen presented her new College of Commissioners to the EU Parliament in Strasbourg. Over the next five years, the Commissioners-designate are tasked with doubling down on the EU green and digital transition and fostering … Continue reading

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Grenergy buys all of Repsol’s photovoltaic assets in Chile

The listed renewable energy company Grenergy closed the first half of the year with a turnover 15% lower than last year, from 225.8 million to 192 million, and closed with net profits of half a million euros, 89% less than … Continue reading

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Average LCOE for photovoltaics (PV) stood at $0.044/kWh in 2023, IRENA says

The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decrease in the cost of photovoltaics (PV). The figure has fallen by 90% since the beginning of 2010.The globalized weighted levelized cost of electricity (LCOE) for large-scale … Continue reading

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RWE completes three battery storage projects in Texas and Arizona for photovoltaics (PV) with 190 megawatts

Construction activities are underway on an additional 770 megawatts of battery storage projects in the U.S. Globally, RWE’s battery storage capacity now stands at around 700 MW. RWE continues to deliver on its Growing Green Strategy. In the U.S., the … Continue reading

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Photovoltaic (PV) installations will reach 574 GW in 2024 worldwide

BloombergNEF highlights in a new report that developers installed 444 GW of new PV capacity worldwide in 2023. It says new installations could reach 574 GW in 2024, 627 GW in 2025 and 880 GW in 2030.The world could install … Continue reading

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Chinese-built solar photovoltaic (PV) power plant shines in northern Bangladesh

Mymensingh district in north-central Bangladesh has a diverse landscape of valleys and mountainous terrain. With a height of 19 meters above the sea, the district is the highest place of all the main cities of the delta country. Due to … Continue reading

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How Much Do Photovoltaic Panels Cost In 2024?

The cost of solar panels ranges anywhere from $8,500 to $30,500, with the average 6kW solar system falling around $12,700. Solar panel prices vary based on where you live, the size of the system, the type of solar panels and more. With … Continue reading

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China’s photovoltaics (PV) enjoy brighter prospects

Photovoltaic (PV) producers have delayed or canceled capacity expansion plans and even reduced production, partially addressing overcapacity issues. China’s solar photovoltaic (PV) industry’s protracted battle against overcapacity may be coming to an end, after years of bitter price wars and … Continue reading

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The United States installed 63 GW of new power generation this year, of which photovoltaic accounted for 60 percent.

According to the U.S. Energy Information Administration, the U.S. will add 62.8 gigawatts (GW) of installed utility-scale generation in 2024. According to the U.S. Energy Information Administration’s latest forecast, in 2024, the U.S. will add 62.8 gigawatts of new utility-scale … Continue reading

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North Africa’s Renewable Potential and Strategic Location Reinforce Its Role in Energy Transition

North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate mitigation efforts, including renewable energy deployment is therefore … Continue reading

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AES awards TSK a 460 MW hybrid photovaltaic solar project (260 PV+200 BESS)

This new award in Puerto Rico is in addition to the plants executed by AES in the Dominican Republic, strengthening the alliance with the American energy company, which has a strong presence in the Caribbean region. The MARAHU project consists … Continue reading

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EDP Renewables secures largest Singapore public tender to install up to 200 MWp solar photovoltaic capacity

EDP Renewables (Euronext: EDPR), a global leader in renewable energy development, has been awarded Phase 8 of the SolarNova program, a Singapore public tender to select a developer of distributed solar energy. The auction was jointly led by Singapore’s Housing and Development Board and … Continue reading

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European first-of-its kind photovoltaic (PV), wind power & storage combination

Global renewable energy company BayWa r.e. and Ampt, the #1 DC optimizer company for large-scale photovoltaic (PV) systems, announce the successful deployment of a unique combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer … Continue reading

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Photovoltaic (PV) surpasses gas and already supplies almost 10% of the electricity in mainland Spain

Renewables generated 52.1%, up to 12,202 GWh of electricity, with wind power being the first source of generation in Spain for the fourth consecutive month with 24.6% of all electricity production for the month. For their part, technologies free of … Continue reading

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Cosin Solar completes heliostats on former Three Gorges Concentrated Solar Power project

The 100 MW Tower Concentrated Solar Power project, Jinta ZhongGuang was originally planned by the largest renewable energy firm in the world, Three Gorges Renewables, that built the 22 GW Three Gorges Dam. Cosin Solar bought the project from them … Continue reading

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Repsol begins to produce renewable photovoltaic electricity in Andalusia

Repsol has started producing electricity at Sigma, its first renewable project in Andalusia. Located in Jerez de la Frontera (Cádiz), it is made up of five solar plants with a total installed capacity of 204 MW. With an investment of close … Continue reading

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Brazil penalizes the import of photovoltaics

The increase in the import tax on photovoltaic solar panels, announced by Brazil in 2023, puts at risk the installation of 18 GW of solar plants, responsible for 540 thousand green jobs. This was stated by Rodrigo Sauaia, general director … Continue reading

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Acciona Energía completes its first wind-solar hybrid plant

Located in the municipalities of Villalba del Rey and Tinajas (Cuenca), the new 29.4MW photovoltaic facility joins an existing 36MW wind power complex. ACCIONA Energía has completed its first hybrid renewable energy plant with the construction of a 29.4MW photovoltaic … Continue reading

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Photovoltaic solar power will supply almost all growth in U.S. electricity generation through 2025

We expect solar electric generation will be the leading source of growth in the U.S. electric power sector. In our January Short-Term Energy Outlook (STEO), which contains new forecast data through December 2025, we forecast new capacity will boost the solar share … Continue reading

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Naturgy begins its second photovoltaic in the United States

The Grimes project, with an investment of more than 285 million euros, will have a power of 210 MW that will supply renewable energy to more than 140,000 homes in the State of Texas. Naturgy continues to grow in the … Continue reading

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China inaugurates 6,000 megawatt of wind power, photovoltaic and battery in one plant

the inauguration of a mega power plant that combines lithium batteries, photovoltaics and wind. Located in Shanxi province, the plant represents an investment of 55 billion yuan (about $7.7 billion) and is a milestone in the country’s transition towards more … Continue reading

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China’s Qinghai has ocean of solar power, but no storage

Tibetan plateau in western province faces electricity supply-demand imbalance High on the Tibetan Plateau in western China’s Qinghai province, a sea of solar panels stretches out across 345 sq. kilometers, making it the world’s largest photovoltaic power park. With another … Continue reading

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Statkraft plans to build 492 MW photovoltaic plant in Spain

Statkraft has submitted plans to build a 492 MW solar photovoltaic complex in Extremadura. The company made the announcement on Wednesday as it inaugurated its 55.2 MWp Talayuela II solar park in the region. He said he would invest some … Continue reading

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Cyprus obtains 40 million euros for storage and optimizing photovoltaics

The Republic of Cyprus has secured €40 million from the Just Transition Fund for energy storage facilities, addressing the inflexibility of its electricity system in storing excess energy from renewables. Energy Minister George Papanastasiou, in a letter to Parliament, emphasizes … Continue reading

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Masdar in talks to build 1GW photovoltaic solar power plant in Iraq

Masdar is planning to build a photovoltaic solar power plant in Iraq with an output capacity of 1,000 megawatts (MW) in the first phase. Officials from the UAE company discussed the project with Iraqi Electricity Minister Ali Fadil in Baghdad … Continue reading

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NTPC REL Initiates Bidding for 1200 MW Khavda Solar Project’s Photovoltaic Module Supply

The comprehensive scope of work for this package includes the manufacturing, supply, packing, forwarding, and transportation of open category crystalline solar PV modules. NTPC Renewable Energy Limited (NTPC REL) has commenced the bidding process for the supply of solar photovoltaic … Continue reading

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Head of International Energy Agency considers China world champion in wind power and photovoltaic

China has emerged as a world champion in green energy, achieving a remarkable surge in renewable capacity and playing a pivotal role in global energy cooperation, said Fatih Birol, executive director of the International Energy Agency (IEA).  Global renewable energy … Continue reading

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How Extreme Weather and System Aging Affect the US Photovoltaic Fleet

Massive Data Set of Photovoltaic System Performance Quantifies the Small but Significant Impacts of Extreme Weather and Long-Term Degradation, With Important Lessons for the PV Industry. For photovoltaic (PV) systems—designed to operate over lifetimes of 20, 30, or even 50 … Continue reading

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EDP Renewables seals its first long-term photovoltaic contract in Germany

EDP Renewables (EDPR), leader in the development of renewable energy worldwide, signed a Power Purchase Agreement (PPA) with Lhyfe, a producer and supplier of green hydrogen to serve industry and mobility sectors. The deal signed through Kronos Solar EDPR is … Continue reading

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China provides more than half of the world’s additional wind and solar photovoltaic (PV) capacity in 2023

A total of 510 gigawatts of renewable energy generation capacity will be installed worldwide in 2023, with China contributing more than 50 percent, the National Energy Administration (NEA) said Thursday. China has become an indispensable force to drive the development … Continue reading

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China’s power generation up 8 pct in December 2023

A breakdown of the data revealed that the output of photovoltaic solar power soared 17.2 percent year on year, while that for thermal power rose 9.3 percent. The output of wind power and hydropower climbed 7.4 percent and 2.5 percent, … Continue reading

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